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Stock Market & Financial Investment News

News Breaks
February 25, 2013
17:48 EDTMULFoundry to acquire Micron wafer manufacturing plant in Italy
Micron Technology (MU) and LFoundry announced that the companies have entered into agreements for LFoundry to acquire Micron Technology Italia, Srl. and all of its semiconductor fabrication facility assets in Avezzano, Italy. Under the agreements, Micron will assign to LFoundry its four-year supply agreement with Aptina to manufacture image sensors at the 200 millimeter Avezzano facility. Micron will also grant LFoundry a restricted technology license. Specific financial terms of the transaction, which is expected to close later this spring, were not disclosed.
News For MU From The Last 14 Days
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May 17, 2013
06:07 EDTMUMobile DRAM revenue fell 5% in Q1, DigiTimes reports
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May 16, 2013
08:19 EDTMUCourt decision should hasten Micron takeover of Elpida, says Sterne Agee
Sterne Agee believes that a decision by a Japanese court dismissing appeals from the two unsecured creditors to the Elpida consolidation process should enable Micron to close its Elpida acquisition much more quickly than some had feared. The firm views this development as very positive for Micron and keeps a Buy rating on the stock.
05:32 EDTMUMicron announces issuance by Tokyo Court of order dismissing creditor appeals
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May 13, 2013
07:29 EDTMUSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.

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